EyePoint's Phase 3 trial for a treatment aimed at reducing the burden of age-related macular degeneration has failed, resulting in a 70% drop in stock value. This setback highlights the competitive landscape in the AMD treatment space.
EyePoint’s quest to reduce treatment burden for patients with age-related macular degeneration has hit a bump in the road, with a clinical miss driving the biotech’s stock down by 70%.
Original title: “EyePoint’s Phase 3 fail sends stock spiraling amid next-gen AMD race”